The year 2020 was challenging for nearly every industry, and the automotive industry was no exception. Disrupted supply chains, assembly …
HOW OUTSOURCING ACCOUNTS RECEIVABLE AND COLLECTIONS IS ADVANTAGEOUS FOR AUTO LENDERS
Unlike loan originations which has a relatively short start to finish cycle and uses automation extensively to bring consistency and …
INDIRECT AUTO LENDING TRENDS IN 2021
The auto industry is recovering from the abrupt, early 2020 shutdown of the US when new sales dropped a whopping …
LEASE OR LOAN ORIGINATION: THE BASICS CAN BE EVEN EASIER WITH THE RIGHT SOFTWARE
Recent economic data indicates that we’re experiencing one of the fastest-growing economies since 1984. As a result, lenders are likely …
BOOST INDIRECT AUTO LENDING OPPORTUNITIES WITH THESE KEY CAPABILITIES
Establishing a mutually beneficial relationship with local auto dealerships can be one of the most effective ways to grow your …
COMPARING CREDIT UNION SOFTWARE VENDORS FOR AUTO LOAN SERVICING IN 2021
If the events of 2020 have caused you to reconsider the efficiency of your auto loan and lease servicing capabilities, …
HOW INDIRECT AUTO LENDING FOR BANKS CAN BE EASIER
For a bank wanting to establish a lending relationship with local auto dealers, the capabilities of a modern lending solution …
SELECTING AN AUTO LOAN ORIGINATION SYSTEM: WHAT BANKS SHOULD LOOK FOR
Modern auto loan origination software is making it easier than ever for banks to respond to loan applications rapidly and …
HOW TO CHOOSE CREDIT UNION SOFTWARE SOLUTIONS FOR 2021
In comparison to nationwide financial institutions, credit unions have an inherent advantage; they understand the local economy and the financial …
HOW TO SHORTEN THE LOAN ORIGINATION LIFE CYCLE BY GOING DIGITAL
In an environment where consumers expect a near-instantaneous confirmation of transactions, the loan origination process of many lenders comes up …
